What is WHALE?
WHALE is the first NFT-backed social token. To be more precise, WHALE tokens are backed by an exclusive NFT collection kept in The WHALE Vault (a publicly audited collection on OpenSea). The NFTs kept in The Vault are used to give the token a base of intrinsic value. As a result, WHALE sits in a kind of nexus between stablecoins and traditional cryptocurrencies. This is the case because its value does fluctuate but, at the same time, it's pegged to the value of another asset. You can check the current WHALE price on the Whale price chart featured above.
Who Founded WHALE?
The WHALE crypto project was created in May 2020. The founder of the project goes under the pseudonym of WhaleShark. He has been an enthusiastic NFT collector since 2019. He used his collection of exclusive NFTs to back the WHALE token.
Initially, WhaleShark was the only person responsible for curating the NFTs in The Vault, which made the project centralized. Thus, after the launch, the WHALE project was transitioned to a decentralized autonomous organization (DAO). Now, the WHALE community is responsible for deciding which collectibles should be bought, sold, and rented.
Use Cases of WHALE Tokens
There are various benefits that WHALE token holders receive. First of all, if you’re a holder of the WHALE coin, you can have access to various games, membership channels, and airdrops. These airdrops can be either NFT airdrops or airdrops holding the native WHALE crypto token.
Secondly, WHALE tokens can be used to buy or rent exclusive NFTs from The Vault, as well as acquire physical or digital WHALE crypto merchandise.
Besides that, WHALE tokens can be used for liquidity mining in order to generate rewards.
Lastly, as WHALE is governed by a DAO, holders of the tokens have the right to participate in the decision-making processes of the project.
Don't forget to take a look at the WHALE price chart. It features both – the current and the previous WHALE price.
Tokenomics of WHALE
The max supply of WHALE coins is 10 million. Almost half of the supply (42.6%) was dedicated to the community. The remaining portion was sold during a private sale, distributed between the founding team, and set aside in the WHALE Foundation.
These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.
Followers
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Currently, official WHALE (WHALE) X Stats account doesn't exist or wasn't submitted. 🔆 Submit Now
These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.
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Currently, official WHALE (WHALE) Reddit Stats account doesn't exist or wasn't submitted. 🔆 Submit Now
These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.
Members
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Currently, official WHALE (WHALE) Telegram Stats account doesn't exist or wasn't submitted. 🔆 Submit Now
These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.
Website Rating (DR)
41 / 100
4.65%
Ahrefs Rank
1,328,431
5.51%
Organic Traffic (mo.)
1
0.00%
These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.
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These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.
Stars
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WHALE hot topics
Currently, official WHALE Reddit account doesn't exist or wasn't submitted. 🔆 Submit Now
WHALE posts
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